Description: Cypress Development Corp. (TSX-V: CYP) is a publicly traded lithium and zinc exploration company advancing projects in the State of Nevada, U.S.A. Cypress' flagship Glory Lithium Brine/Claystone Project is located in the heart of the Clayton Valley lithium exploration area of Esmeralda County, Nevada. The Company's Glory Project is within a 0.5 mile of lithium brine wells belonging to the Albemarle Silver Peak Mine and the property shares its western boundary with the lithium resource area of Pure Energy's Clayton Valley South project. In August 2016, Cypress optioned its Glory Clayton Valley Project to Pure Energy Minerals with Cypress remaining the project operator until Pure Energy earns a 51% interest. The agreement allows the Company to advance its Glory Project while working with and utilizing the geological expertise of the Pure Energy team. A planned drilling program at Cypress' Glory Project targeting lithium-rich brines includes shallow holes targeting a 1 1/2 by 3 kilometer long zone of strong lithium mineralization (up to 3,800 ppm Li) in a highly leachable non-hectorite claystone discovered at surface. In September 2016, Cypress reached an agreement to acquire a 100% interest in the 2,700 acre Dean Lithium Brine/Claystone Project located adjacent to the Albemarle Silver Peak Mine on its western boundary, Pure Energy's resource area on its southwest boundary and Cypress' Glory Clayton Valley Project on its southern boundary.
Home Page: www.cypressdevelopmentcorp.com
777 Dunsmuir Street
Vancouver,
BC
V7Y 1K4
Canada
Phone:
604 687 3376
Officers
| Name | Title |
|---|---|
| Dr. William Wesley Willoughby PE, Ph.D. | Pres, CEO & Director |
| Mr. Abraham Hendrik Jonker ACA (ICAEW), ACMA (UK), C.P.A., CA, CA (SA), CPA | Chief Financial Officer |
| Mr. Donald G. Myers | Director |
| Mr. Spiridon Cacos M.A. | VP of Investor Relations |
| Mr. Daniel W. Kalmbach CPG | Mang. of Geology |
| Ms. Kelly Pladson | Corp. Sec. |
Exchange: OTCQB
Country: US
Currency: US Dollar ($)
| GIC Sector: | Materials |
|---|---|
| GIC Group: | Materials |
| GIC Industry: | Metals & Mining |
| GIC Sub-Industry: | Diversified Metals & Mining |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 0 |
| Price-to-Book MRQ: | 2.4643 |
| Price-to-Sales TTM: | 0 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 0 |